International Federation of Horseracing Authorities

News

Thursday, January 12, 2006
Bookmaker to hedge risk at betting exchange
As its competitors William Hill and Coral announced earlier, Ladbrokes said it would “hedge” its (off-track) risks at the betting exchanges. Not all of the risks would be hedged at the exchange, Ladbrokes added that the majority of its hedging would still be with on course bookmakers.